BRN 7.02% 26.5¢ brainchip holdings ltd

What is your plan when BRN hits $10 a share?

  1. 3,212 Posts.
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    Just a thread to share ideas so we are not caught off-guard.

    (These are NOT FINANCIAL ADVICE, just some musings to get us thinking)

    We must plan for the future, so when we reach $10 a share we know exactly what to do.

    I will start with some ideas.

    1) Pay off mortgage
    - Huge. The mental satisfaction, financial stability and security this provide is YUGE. Just do it. Nothing better than a paid for home.

    2) Invest in some solid ETF/LIC for regular income
    - Set aside a percentage to this if you're fully invested in BRN. Not a bad idea to take some profits and re-channel for regular income, on top of the dividends BRN will provide.

    3) Boost your super. Tax free $ during retirement years!

    4) Buy a reasonable and reliable car
    - Doesn't have to be flash. Just a reliable car which can run for the next few years without giving you a headache.

    5) Take up a hobby
    - Fishing, Kayaking, Surfing, Cricket, and may be more Fishing.

    6) Volunteer your time for your favourite charity/organisation
    - Nothing beats this. The satisfaction one receives is inexplicable and irreplacable.


    Of course these are not financial advice, just some ideas on how to manage money. Please share your thoughts.
 
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